TradingView
BlackbearTrader
19 apr 2017 18:43

Another Flag Pattern Lång

BRITISH POUND / EUROICE

Beskrivning

GBP/EUR has formed a flag pattern and to see its seems we have a false breakout, thats represented by the RSI showing overbought, so I would wait for the rebound to lower trendline for support and then the partial rise will be complete and then its a buy. Also the 50 MA is showing support and has crossed over with the 20 MA.Also, the price is in a separate area in the pitchfork
Kommentarer
kunsan
Nice chart. In addition to the triangle, likely head and shoulders bottom reversal with the neckline around 1.20.
Mer